The Indianapolis Colts have officially transitioned from the late Jim Irsay to his three daughters, with Carlie Irsay-Gordon named owner and CEO while Casey Foyt and Kalen Jackson assume executive leadership roles and shared ownership responsibilities. This move was carried out pursuant to longstanding succession plans set by Jim Irsay and was announced by the team in early June 2025, ensuring an orderly handoff rather than a fire sale to faceless investors.
Forbes reports the franchise is now valued at roughly $5.9 billion, placing the sisters among the richest female owners in sports and underscoring how family sports franchises have become generational wealth engines. That staggering valuation is not just a bragging point—it’s bargaining power for the city, the team, and whoever sits in the owner’s box.
Jim Irsay’s passing on May 21, 2025 left a vacancy that could have tempted activist investors or out-of-town conglomerates to pry the team away from Indiana, but the daughters’ succession preserves a uniquely American model of family stewardship. The organization even paused to honor Jim’s legacy, announcing his induction into the Colts Ring of Honor during the September 7, 2025 season opener, a symbolic passing of the torch.
The Irsay family has been at the helm since 1972, a rare example of continuous family ownership in modern professional sports that has steered the club through championships and hard years alike. That continuity matters: community roots, local charities, and a franchise identity that resists the homogenizing impulses of remote corporate ownership are at stake when a team stays in family hands.
Carlie Irsay-Gordon’s elevation to principal owner and CEO is more than a ceremonial title—she’s been involved with the club for years and will carry the responsibility of protecting the team’s culture, cap strategy, and competitive focus. With all three sisters sharing leadership duties, the Colts are signaling stability to players, coaches, and fans who want football decisions made in Indianapolis, not in some New York boardroom.
Conservatives should applaud this result: family ownership keeps the franchise accountable to the city and fans, not to distant ESG investors or woke corporate boards that prioritize optics over wins. If the sisters hold fast to rugged common-sense priorities—investing in talent, supporting the community, and respecting the game—the Colts can remain a model of how private stewardship serves the public good.
The stakes now are simple and patriotic: protect what works, reward merit, and keep the focus where it belongs—on the field and in the neighborhood. Indianapolis deserves owners who understand the value of loyalty and legacy; the Irsay daughters have inherited a responsibility, and hardworking Americans will be watching to see if they honor it.